$NOA is leading the international small capsNorth American Construction Group provides mining, heavy construction services to customers in the resource development, industrial construction in the US, Canada and Australia.
I tried trading this stock back in 2021 and got stopped out.
If it wasn't for that I would have had dead money for more than a year! Thank God for stops.
Now, NYSE:NOA is ready to make all time highs and it could be a good trade again. Already broke out relative to its peers ( AMEX:GWX ).
Other stocks in its industry/sector like NYSE:GVA , NYSE:MTZ , NYSE:EME & NYSE:OII are also in strong uptrends.
The Invesco Dynamic Building & Construction ETF AMEX:PKB is also making new highs. I'm looking for stocks in this sectors.
Not everything is tech stocks!
NOA
NOA - Gaussian ChannelWithin the falling wedge earlier in prices evolution the Gaussian channel can be seen to have a sort of downward oscillating pattern
Price has reversed since then from its downward falling wedge , as per the bullish nature of Falling Wedges
A stronger uptrend has emerged which allows for continuation up for price on this Weekly timeframe as seen by the bars pattern I have placed
Perhaps the oscillating pattern on the Gaussian Channel will emerge again as price continues upwards along the strong trend